Thing is, the Chinese demand is met through RMB - the RMB has a whole ton of problems. My concern is that items like potash and oil (which the Chinese are hungry for) will become too expensive to keep the growth moving.
However, I haven't thought about your perspective, so I'm likely wrong. Thanks a lot for your feedback - it gives me something new to think about!!
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> the Chinese economy will be starved of the western currency that has fueled its unbelievable growth
Don't be so sure about that. China itself is currently the main growth driver for consumer goods, even for companies like Apple.
Great point!
Thing is, the Chinese demand is met through RMB - the RMB has a whole ton of problems. My concern is that items like potash and oil (which the Chinese are hungry for) will become too expensive to keep the growth moving.
However, I haven't thought about your perspective, so I'm likely wrong. Thanks a lot for your feedback - it gives me something new to think about!!